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1  Economy / Speculation / The decline has slowed down, the bears are still dominant on: January 17, 2019, 01:47:56 AM
K line analysis

The price situation on the daily line has stopped slightly, but the overall situation is not stable. It is still dominated by the idea of ​​being over the air. Many parties have released some struggles but not enough.


Short-term interval

Support: If the station is unstable for $3,700, then it will still be as low as $3,250.

Pressure: $3,700 is the first pressure position.



Technical indicators

The Bollinger channel seems to have a tendency to gradually slow down. It is no longer as plunge as it was at the beginning. Many people thought that there was no performance after the thirteenth. However, on the 14th, there was a counter-pumping, and the result was still not stable. The US dollar shows that the strength of the empty side is still quite strong. On the other hand, many parties are struggling; the trend of the two moving averages of the MACD indicator is not so steep, there are signs of easing, and the red pillar below the 0-axis is gradually weakening. But it can't be taken lightly, because the bears didn't give up its home.


Investment Advice

Now the price decline trend has eased, but it does not mean that it will stop there. It still needs more parties to continue to release energy to counter the shorts, otherwise it will lead to further downwards. From the situation of counter-pumping, the price has not stabilized 3700. The US dollar can be seen that the empty side is still the current dominant. Many parties want to reverse the current situation and need to continue to work hard to release energy.


E T H

K line analysis

The trend is similar to the pie, but in comparison, ETH may be stronger in this wave of rebound. From the form, it can be seen that the pie is still empty and ETH is more likely to be more shocked.


Short-term interval

Support: around $110

Pressure: $125



Technical indicators

The Bollinger Band is currently relatively flat, especially if there is no obvious downward curve on the middle and upper rails. If it can stop the downtrend near $118, it may ushered in wide fluctuations. Of course, this depends on whether the price is supported. Live; the two moving averages of the MACD indicator are already below the 0-axis, the slow line is still above, the red column below the 0-axis has weakened, but it does not affect the current still empty, after all, the price is not obvious Rebound.



Investment Advice

If there is a rebound in the price of $118 and above, this time there may be an action that will hit the upper track. Otherwise, if it falls below, it will only continue to go down; anyway, the sentence is MACD. When is the golden fork.
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